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#白宫加密会议
#红包大派送

The traditional and encrypted financial game, the new and old contest in the digital age

As the world changes like a game of chess, the financial landscape has never ceased to evolve. On February 2, 2026, the White House's encryption summit will kick off, under the guidance of the Trump administration's encryption policy committee, this gathering will become a direct confrontation between traditional finance and the encryption industry, with leaders like Coinbase facing off against Wall Street giants such as JPMorgan Chase. In this battle of equals, it is ultimately a struggle for the authority of the dollar in finance.

Since ancient times, nothing is established without breaking the old. The clash of new and old is a norm of the era. Stablecoins, with an annualized reward of 4%-5%, act as a sharp blade, prying over $300 billion out of traditional banks' low-interest deposit pools, prompting the banking industry to cry crisis, stating that this move could lead to a loss of $6.6 trillion in deposits, shaking the foundation of community finance. Meanwhile, the encryption industry refuses to back down, strongly countering that the innovative vitality of digital native finance should not yield to the backward capacity of traditional finance. Why should we cling to outdated practices that bind the wings of innovation?

The conference will focus on the discussion of the CLARITY Act, becoming the core battleground of the game. The banking industry is determined to completely seal off the loopholes in stablecoin yields, safeguarding the boundaries of traditional finance; the encryption camp calls for the retention of a limited yield mechanism to leave room for the development of digital finance. Each holds their ground, unwilling to compromise, and ultimately, the two sides have yet to reach a consensus. The White House has set a countdown for technical consensus next month, and this deadline hangs like a sword of Damocles—if a compromise cannot be finalized, the vote on the bill will be postponed, and the future remains uncertain.

"A thousand sails pass by the sunken boat, and in front of the sick tree, ten thousand trees bloom in spring." This game is never just about the future direction of U.S. crypto regulation; it also affects the global shifts in digital finance. It is a crucial battle in the transition from analog signal finance to digital native finance. In my view, the essence of finance is to serve the real economy. The stability of traditional finance and the innovation of encrypted finance should not be a dichotomy. The White House's discussions need to safeguard the bottom line of financial security while not stifling the innovative possibilities of digital finance. Only by seeking common ground while reserving differences and being inclusive can we find a balance in regulation and set rules in innovation, allowing new and old finance to coexist and prosper, adapting to the financial needs of the digital age. After all, the wheels of time roll forward; only by going with the flow can we achieve stability and longevity.